Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of “Hold” from Analysts

Basf Se (OTCMKTS:BASFY) has earned an average recommendation of “Hold” from the six analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company.

Several analysts have weighed in on BASFY shares. Zacks Research upgraded Basf from a “strong sell” rating to a “hold” rating in a research note on Friday, October 10th. Deutsche Bank Aktiengesellschaft lowered Basf from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Citigroup assumed coverage on shares of Basf in a report on Wednesday, October 15th. They issued a “buy” rating on the stock. Finally, Berenberg Bank cut Basf from a “hold” rating to a “sell” rating in a research note on Tuesday, October 14th.

Basf Stock Performance

BASFY opened at $12.97 on Friday. Basf has a fifty-two week low of $10.75 and a fifty-two week high of $14.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.01 and a current ratio of 1.82. The company has a fifty day moving average of $12.77 and a 200 day moving average of $12.77. The stock has a market capitalization of $46.55 billion, a price-to-earnings ratio of 129.71 and a beta of 0.83.

Basf Company Profile

BASF SE is a Germany-based chemical company founded in 1865 (originally Badische Anilin- & Soda-Fabrik) and headquartered in Ludwigshafen. It is one of the world’s largest chemical producers, supplying raw materials, intermediates and finished chemical products to a broad range of industries including automotive, construction, agriculture, consumer goods, electronics and industrial manufacturing. The company combines large-scale production with global commercial and logistics networks to serve customers in many end markets.

BASF’s activities span basic and specialty chemicals, performance materials, functional additives, catalysts and coatings, as well as products for nutrition and personal care.